Posts
Strategy to exercise OTM options after market close on Expiry Day (becomes ITM after hours)
Say I have 50x of NVDA Call option $200 strike price market closes on expiry day at $199 = worthless and will not be automatically exercised, but then price increased to $202 after hours at 4:10pm ET, becomes ITM. I only have $100,000 left in my balance / purchasing power …
Today, I broke my old record and made the most in one day, $519
What a day! Hopefully, I replicate on Monday
Options Remediation Plan
Every morning before market open, I look at macro environment to prepare for entering positions. I look at VIX, Futures, Yields, Oil, calendar, and guess whether market will be bullish, bearish, or sideway Many times these data give correct thesis. But sometimes it is wrong. For example, yesterday everything seem …
TOS on demand accurate for 0DTE back testing? strategy is performing better live than the back test
So I trade mostly spreads and condors 0dte and so far doing live trading I’m seeing way higher win rate and better results than the back test would show. Has anyone used TOS on demand and is it accurate?
SPX cash options close today , reaminder
From what I can tell, the official close is 7354.02 , nothing like the much lower print near 4pm so if you held PUTS into the close , you make nothing vs what they sold for in the last 30 seconds Anyone here get hosed ?
Is swinging options risky?
I was swinging some options and even though they finished in the money, I noticed that I was still red on the contracts is this because the underlying does not move in your direction fast enough to offset the everyday decay on Theta? Are majority of options worthless on expiration …
Wendy’s stock
If Wendy’s takes out the $8 & $8.50 0DTE put options, I’m taking everything in my account out and walking away from this rigged system… Wendy’s is currently at $7.67 @ 9:45 am.
Theta decay slower on some days than others on 0dte, its like the market “knows” something? 🤔
And no I’m not talking about fed days or big news days. Some days I’ll open a 0dte iron condor and get my 50% profit within an hour, but other days despite paying similar premium for the same width, the decay just isn’t happening and stays stuck only for a …
community workshop 27june at 5pm PT
hey everyone, two quick heads up for those interested. i coordinated with the mods before posting this. i know the community is guarded against stuff like this, rightfully so, but it also sucks for people to lose the potential resource if interested. ive been active in the community long before …
252 or 365 for de-annualizing IV?
I'd like to experiment with expected vs actualized moves, the problem is I don't know if I should use 252 or 365 to de-annualize IV? The formula I'm planning on using is IV \* sqrt(t/(252 or 365)), I'll be pulling the IV data from thinkorswim. I'm getting conflicting answers online …